Harmony’s Home Incentive Program can now rebate up to $20,000
(ABC 6 News) – The City of Harmony and its Economic Development Authority program is giving out cash rebates to anyone building a home in Harmony.
The program has been around since 2014, but a new push may give people more incentive to join in.
The amount of cash varies depending on the home’s tax estimate.
For example, if a home’s tax estimate is at least 300 hundred thousand dollars, the recipient would receive a little over 12 thousand dollars from the city.
But now, if a home’s tax is at least 500 thousand dollars, the recipient would receive 20 thousand dollars.
“There’s nothing stopping somebody from putting this money down on as a down payment if they wanted to, you know, for their financing or to pay towards their mortgage, or if they wanted to go to Hawaii,” Economic Development Coordinator Chris Giesen said.
There are no income restrictions for applicants.
The only way someone would be denied is if they intend to build a rental property.
So far, they’ve built 19 units since 2014-with more to come.
“Three to four houses a year would be outstanding, the housing is what we need and that’s what we’re after,” Harmony EDA President Kerry Kingsley said.
The application process is year round and they look forward to current and future projects.
And whether it’s someone who’s looking to move in or a contractor looking to sell-this will have a positive impact on the community.
“As a town of 1,000, you know a couple of houses a year really makes a difference,’ Giesen said.
Harmony was one of three cities in Fillmore county to show population growth in the last census and hopes that this program will help maintain a steady growth.
To fill out an application, visit HERE.